What Does Magnit Do?

Total employees2000
HeadquartersOrlando
Founded1999

Magnit (formerly Workforce Logiq) is an integrated workforce management (IWM) platform provider. It offers a comprehensive suite of services and technologies to help organizations manage their contingent workforce, including vendor management systems (VMS), managed service provider (MSP) solutions, services procurement, direct sourcing, and talent intelligence. The company focuses on enabling businesses to attract, manage, and optimize their extended workforce efficiently and compliantly, leveraging data analytics and AI to drive better talent and business outcomes. Workforce Logiq was acquired by PRO Unlimited in 2021, and the combined entity rebranded as Magnit in 2022.

Where Is Magnit's Headquarters?

Magnit officeMagnit officeMagnit officeMagnit office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the global operational and strategic command center, housing key executive leadership, product development, global client services, and corporate functions.

Notable Features:

Modern office facilities located in a prominent downtown Orlando business district, designed to foster collaboration and innovation.

Work Culture:

The HQ fosters a dynamic, client-centric, and innovative work culture, emphasizing teamwork, technological advancement, and data-driven decision-making in the evolving world of work.

HQ Significance:

The Orlando headquarters is significant as it centralizes the leadership and strategic direction for Magnit's global operations, following the integration of Workforce Logiq and PRO Unlimited.

Values Reflected in HQ: The headquarters likely reflects Magnit's values of innovation, global connectivity, client success, and pioneering the future of work.

Location:

Magnit supports global functions including client service delivery, technology development, sales and marketing, and operational support across North America, Europe, Asia-Pacific, and other regions. They offer services in over 100 countries, providing localized expertise and global program management for multinational corporations seeking to optimize their extended workforce.

Street Address:

121 South Orange Avenue, Suite 1250

City:

Orlando

State/Province:

FL

Country:

USA

Where Else Does Magnit Operate Around the World?

London, United Kingdom

Address: Central London (specific address varies, e.g., WeWork or dedicated office)

Supports Magnit's growing client base and strategic initiatives across the EMEA region, providing localized expertise and support.

Sydney, Australia

Address: Sydney CBD (specific address varies)

Drives expansion and support for clients in Australia, New Zealand, and other APAC countries, adapting global solutions to local market needs.

Stockholm, Sweden

Address: Stockholm (specific address varies)

Provides localized support and solutions tailored to the specific labor market regulations and business practices in the Nordic region.

Buying Intent Signals for Magnit

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Magnit? Meet the Executive Team

As of April 2025, Magnit' leadership includes:

Kevin Akeroyd - Chief Executive Officer
Teresa Carroll - President
Sam Bright - Chief Product & Experience Officer
Vidhya Srinivasan - Chief Marketing Officer
Randy Gulian - Chief Financial Officer
Megan Smith - Chief People Officer

Who's Investing in Magnit?

Magnit has been backed by several prominent investors over the years, including:

EQT Private Equity

What Leadership Changes Has Magnit Seen Recently?

Hire1
Exits0

Magnit has seen some key executive appointments to strengthen its leadership team as it continues to grow and integrate its offerings post-rebrand.

New Appointments:

Teresa Carroll, Teresa Carroll joined Magnit as President to spearhead strategic initiatives and enhance market leadership.

What Technology (Tech Stack) Is Used byMagnit?

Discover the tools Magnit uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Magnit Email Formats and Examples

Magnit commonly uses the [first].[last]@magnitglobal.com or [first_initial][last]@magnitglobal.com email formats. Understanding these patterns can be helpful when trying to reach specific individuals within the company.

[first].[last]@magnitglobal.com or [f][last]@magnitglobal.com

Format

jane.doe@magnitglobal.com

Example

90%

Success rate

What's the Latest News About Magnit?

Magnit • November 1, 2023

Magnit Recognized as 'Overall VMS Solution of the Year' by 2023 RemoteTech Breakthrough Awards

Magnit announced that its Vendor Management System (VMS) has been named 'Overall VMS Solution of the Year' in the fourth annual RemoteTech Breakthrough Awards. This award recognizes Magnit's excellence in innovation and technology for managing the remote and extended workforce....more

Magnit • September 13, 2023

Magnit Named a Leader and a Star Performer in Everest Group VMS PEAK Matrix® Assessment 2023

Magnit was recognized as a Leader and a Star Performer in Everest Group’s Vendor Management System (VMS) Products PEAK Matrix® Assessment 2023, highlighting its market impact, vision, and capability....more

Magnit • May 9, 2023

Teresa Carroll Joins Magnit as President

Magnit announced the appointment of Teresa Carroll as President. Carroll, an industry veteran, will focus on driving company growth, enhancing operational excellence, and delivering superior client value....more

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